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Property profile & analytics
OFF-MARKET Estimated value $675,000
Retail space

25880 Broadway Ave Bedford, OH 44146-6325

8,505 SF 1.15 ac lot Built 2016
Entity Owned 9-yr Hold
Property ID
US66-5505139
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, 8,320 square foot Family Dollar store situated on a 1.15-acre lot in Bedford, Ohio. Built in 2016, the property boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $115,196. The property benefits from a triple-net (NN+) lease with a credit-rated tenant, ensuring consistent cash flow. The lease, commencing May 12, 2015, has a remaining term of approximately 6.6 years, with six 5-year renewal options, each including a 10% rent increase. Located at the hard corner of Broadway Ave & Alexander Rd, this property offers excellent visibility and accessibility. The property is part of a larger portfolio of Dollar Stores and is offered at $1,440,000. The location is strategically positioned within a densely populated market, just 30 minutes from downtown Cleveland, offering significant growth potential. This is a rare opportunity to acquire a stabilized, high-performing retail asset with a long-term lease and a strong tenant. The property's location and tenant history make it an attractive investment for both seasoned and new investors seeking a stable, high-return investment in the Cleveland MSA. The building is 100% occupied.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction TYPE NOT SPECIFIED
Total area 8,505 SF
Lot 1.15 ac (50,134 SF)
Zoning code GB
APN 795-22-019
UPID US66-5505139
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$559k
Blend (final) Blend
$675k
Owner & transaction history
Amvf Holdings LLC · 9 yrs held
Amvf Holdings LLC
since 2016
4 recorded transactions
2016
$1.6M
2016
$180,000
2009
Price N/A
2001
$65,500
Zoning & alternative use
GB · Bedford, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $925,000 +121.8%
Neighborhood: shopping center $860,000 +106.7%
Commercial (general) $705,000 +69.1%
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